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Adani Ports To Acquire 80% Stake In Astro Shipping For $185m - Merchant Navy info

Adani Ports To Acquire 80% Stake In Astro Shipping For $185m

Indian Company Adani Ports To Acquire 80% Stake In Dubai-Based Astro Shipping For $185 Million Adani Ports and Special Economic Zone (APSEZ), India’s largest private port operator, has announced that it will acquire 80% stake in Dubai-based offshore supply vessel company Astro Offshore in a deal valued at $185 million (Rs 155.1 crore). APSEZ CEO

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CSSC Tianjin Adds Two Drydocks With Purchase of Neighboring Yard - Merchant Navy Info

CSSC Tianjin Adds Two Drydocks With Purchase of Yard

CSSC Tianjin, the Bohai Bay division of world-leading shipbuilder CSSC, is expanding significantly by acquiring a neighbouring shipyard that filed for bankruptcy in 2021. CSSC plans to buy Tianjin Xingang Heavy Industries Shipyard parts in the Tianjin Lingang Free Zone. Tianjin Xingang closed in 2021, and CSSC Tianjin is leasing some of its space, including

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Japan Making Largest Coast Guard Ship, Topping China's Ccg 5901 - Merchant Navy Info

Japan Making Largest Coast Guard Ship, Topping China’s CCG

Japan is building the world’s largest coast guard ship, surpassing China’s CCG 5901 The Japan Coast Guard said it will begin constructing the largest multi-purpose patrol ship in 2025. The ship will be as long as two football fields and respond to emergencies and disasters. The 30,000-ton behemoth dwarfs the China Coast Guard’s CCG 5901,

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HD Hyundai Acquires Fuel Cell Leader Convion For $80 Million - Merchant Navy Info

HD Hyundai Seeks Expansion In Hydrogen Fuel Cell Market

HD Hyundai Acquires Fuel Cell Leader Convion For $80 Million HD Hyundai subsidiary HD Korea Shipbuilding & Offshore Engineering announced the acquisition of a majority stake in Convion, a leading fuel cell system developer based in Finland, for €72 million (approximately $80 million). Founded in 2012 and headquartered in Helsinki, Convion focuses on solid oxide

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